Tag: investing
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A $50K Salary In 1980 Could Be Equivalent To Roughly $250K Today
A growing conversation around affordability and generational wealth is gaining attention online after comparisons showed how far a middle-class salary once stretched compared to today. According to inflation calculators and historical economic data, a $50,000 salary in 1980 could be roughly equivalent to earning around $250,000 annually today depending on the inflation measure used. The…
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TD Says GTA Condo Market Is Facing a Potential 1990s-Style Meltdown
Canada’s largest condo market is continuing to face mounting pressure, and a new outlook from TD Economics suggests the downturn may last much longer than many buyers and investors expected. According to TD Economics, the Greater Toronto Area condo market is experiencing one of its weakest periods in years, with falling prices, collapsing sales activity,…
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Brampton Now Has Canada’s Highest Mortgage Delinquency Rate
New data suggests more homeowners in Brampton are falling behind on mortgage payments as financial pressure continues building across parts of the Greater Toronto Area. According to data from Equifax Canada highlighted by The Globe and Mail, Brampton now has the highest mortgage delinquency rate in Canada at approximately 0.6% – nearly three times the…
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Canadian Wealth Inequality Is Growing as Rich Households Buy Stocks and Lower-Income Households Take on Mortgage Debt
Canadian household wealth increased last year, but new data suggests the gains were not evenly shared. According to Statistics Canada data highlighted by Better Dwelling, average household net worth rose in Q4 2025. However, the biggest gains went to the wealthiest households, while lower-wealth households took on mortgage debt at a much faster rate. Household…
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A $110K Salary May No Longer Be Enough To Buy A Home In Toronto
A six-figure salary used to feel like a major financial milestone. But in some of Canada’s biggest housing markets, even earning around $110,000 a year may no longer be enough to comfortably buy a home. That is especially true in places like Toronto and Vancouver, where home prices remain high, mortgage qualification rules are strict,…
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Bank of Canada Expected to Hold Rates at 2.25% on April 29, 2026
Canada’s interest rate outlook is coming into sharper focus, with economists expecting the Bank of Canada to hold its key policy rate steady. With inflation still within target and economic uncertainty lingering, the central bank is showing little urgency to either cut or raise rates in the near term. Rates Expected to Hold Around Current…
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Demand Isn’t the Problem – Here’s What’s Blocking Canada’s Housing Market
Canada’s housing market continues to face affordability challenges, but new data suggests the issue may not be a lack of demand. Instead, a growing imbalance between buyers and available housing is emerging, with many Canadians still planning to enter the market despite ongoing constraints. Buyer Demand Remains Strong Recent data shows that 23% of young…
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Ottawa Area Dominates List of Most Affordable Housing Markets
A new report suggests that some of Ontario’s most affordable housing markets are not in the province’s largest cities, but instead clustered around the Ottawa region. According to recent data, seven of the top 10 most affordable housing markets in Ontario are located in Ottawa and the surrounding Ottawa Valley, highlighting a growing regional divide…
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Toronto Rents Just Hit Their Lowest Level in Nearly 4 Years
Toronto’s rental market is continuing to cool, with new data showing prices have dropped to their lowest level in years. According to a new report from Rentals.ca and Urbanation, average asking rents in Toronto have fallen to their lowest level since May 2022, marking a 46-month low. Rents Continue to Decline Across Toronto The latest…
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Ontario Mortgage Violations Are Up 50% – Here’s What That Means for Buyers
Ontario’s mortgage industry is facing increased scrutiny, with new data showing a sharp rise in violations and enforcement actions. A new report from Financial Services Regulatory Authority of Ontario reveals that mortgage-related violations are up 50% year-over-year, as regulators crack down on questionable practices across the industry. Mortgage Industry Under the Microscope According to the…
Canada Housing Market 